As more and more people use social media to get information and talk to each other, platforms like Twitter have become important parts of our daily lives. But a new report says that Twitter could be about to lose a lot of its users.
A recent study by the research company Insider Intelligence says that Twitter could lose as many as 30 million users in the next year. The report points to a number of things that could be causing this drop, su…
Binance.US, the US branch of the popular cryptocurrency exchange, has announced that it will buy the assets of Voyager Digital, a cryptocurrency lending platform that has been having trouble. This is a big step toward stabilizing the cryptocurrency market.
The announcement, made on Monday, states that Binance.US will be purchasing Voyager’s assets for a sum of USD $1.022 billion. The move is seen as a way to help users affected by Voyager’…
The largest cryptocurrency exchange in the US, Coinbase, has announced that it will be focusing more of its attention on staking. Staking means keeping a cryptocurrency, like bitcoin or ether, so you can verify transactions on the network and earn interest.
Because of the ongoing “crypto winter” and fewer retail and institutional investors trading digital assets, Coinbase’s trade volume dropped from $462 billion in the same quarter last y…
Stablecoins have been leaving exchanges in large numbers over the past month. Since November 4, stablecoin balances have dropped by a net of $4.67 billion. This represents an 11.4% decrease in exchange stablecoin balances.
During the same time period, net Ether outflows from exchanges added up to $5.125 billion, which is 13.1% of the total Ether held on centralized exchanges (CEXs). In total, $9.8 billion in stablecoins and Ether have been…
In a recent blog post on the Coinbase website, the company said that it is going to fight Tether, a controversial stablecoin that has been linked to scandals and problems for a long time.
Tether has been under scrutiny for years due to its questionable relationship with the Bitfinex exchange and its lack of transparency regarding its backing. This has led to concerns about whether Tether is actually backed by the US dollar, as it claims to…
